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☆ Middle-income Americans think prosperity is within reach
▼ + stars: | 2023-07-31 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +10 min

Santander recently released a quarterly survey of about 2,250 middle-income bank and financial services customers (defined as having household incomes between $47,000 and $142,000.) Illegal child labor is on the rise in a tight job marketUS child labor violations have jumped in recent years. Now, the Department of Labor has announced actions it’s taken so far this year through a new interagency task force on child labor. Between October 1, 2022, and July 20, 2023, the Department of Labor concluded 765 child labor cases, found 4,474 children employed in violation of federal child labor laws and assessed more than $6.6 million in penalties against employers, the agency announced on Thursday. In addition, the Wage and Hour Division of the Labor Department is currently pursuing more than 700 open child labor cases.

Persons: New York CNN —, Tim Wennes, “, ”, Bell, they’re, they’ll, they’ve, That’s, We’re, we’ve, BlackRock, Tupperware, it’s, Labor Julie Su, Jordan Barab, Obama, Barab Organizations: CNN Business, Bell, New York CNN, Federal, Heartland Tri, State Bank of, Federal Deposit Insurance Corporation, First Bank, Spain’s Santander, SC, Santander, New York Stock Exchange, GameStop, AMC, Libra Investment, Department of Labor, Labor, Occupational Safety, Health Administration, Labor Department Locations: New York, PacWest, Banc, California, State Bank of Elkhart , Kansas, America, United States, Santander, Florida, noncompliance, Tupperware

☆ Tupperware might just be the latest meme stock after its shares tripled in a week
▼ + stars: | 2023-07-29 | by ( Ryan Hogg | Jyoti Mann | ) www.businessinsider.com time to read: +4 min

Tupperware might be the latest meme stock after more than tripling in value within a week. Shares in the embattled food container maker more than tripled since July 20 to just over $3, leaving many to wonder whether it might be the latest "meme stock." According to data from Marketwatch, 27% of Tupperware shares that are available to trade have been "shorted" by investors. The amount of short interest in Tupperware has indeed fallen more than a quarter this year amid apparent interest from retail investors. On r/WallStreetBets, the birthplace of the meme stock craze, members were giddily comparing the stock to Bed Bath & Beyond, the now-bankrupt homeware chain that had captivated certain investors since 2021.

Persons: Earl Tupper, didn't, Neil Saunders, Saunders, I've, Tupperware Organizations: Marketwatch, Orlando Business Journal, BlackRock, Orlando Business, Bed Locations: freefall, Tupperware

☆ Tupperware stock is up 165% this week for no good reason
▼ + stars: | 2023-07-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +2 min

New York CNN —The meme traders are back. Shares of Tupperware (TUP) have exploded by about 165% this week and more than 300% over the last month for no discernible reason. Sales are on the decline and Tupperware even warned in April that it was on the brink of bankruptcy. Before you join the “Tupperware party,” remember that meme stocks tend to be very volatile, with sweeping highs and lows. Tupperware shares are still down nearly 30% year to date.

Persons: BlackRock, “, ”, Tupperware Organizations: New, New York CNN, New York Stock Exchange, GameStop, AMC, Libra Investment Locations: New York, Florida, noncompliance, Tupperware

☆ Redditors are raging about ditching thank-you coins and awards for something 'more valuable'
▼ + stars: | 2023-07-15 | by ( Beatrice Nolan | ) www.businessinsider.com time to read: +2 min

Reddit is ditching coins and awards and some users are not happy. The company announced on Thursday it planned to phase out Reddit coins and awards. Reddit awards are given by users and show up as icons next to posts. As part of this, we made a decision to sunset coins (including Community coins for moderators) and awards (including Medals, Premium Awards, and Community Awards), which also impacts some existing Reddit Premium perks." The change also affects Reddit Premium users as the company will stop offering them a monthly coin drip and premium awards from September 12.

Persons: Reddit, –, Redditors, weren't, Redditor Organizations: Reddit

☆ Some Redditors say they're walking away after Apollo app shuts down
▼ + stars: | 2023-07-01 | by ( Jyoti Mann | Thomas Maxwell | ) www.businessinsider.com time to read: +3 min

Some Redditors said they'll no longer use the site after third-party app Apollo shut down. A popular third-party Reddit app shut down Friday – and some of the social network's users are pledging to walk away as a result. The app, which let Redditors access the platform through its own interface, had more than 1.5 million monthly users in June, Selig said, citing data from analytics firm Mixpanel. The Canadian developer previously said Reddit's demands for compensation were unreasonable compared with how much money Apollo made from paid subscriptions. Are you a Reddit user or employee with insight to share?

Persons: they'll, Reddit, Christian Selig, he's, Selig, I'm, It's, Apollo, I've, Jyoti Mann, Thomas Maxwell Organizations: Reddit Locations: jmann

☆ Reddit sent messages to its protesting mods threatening to boot them if they don't get in line and end their virtual protest, The Verge reports
▼ + stars: | 2023-06-17 | by ( Grace Eliza Goodwin | Katherine Tangalakis-Lippert | ) www.businessinsider.com time to read: +5 min

The Verge reported that Reddit admins reached out to protesting mods to urge them to work or be removed. Critics argue the move is punishing users for protesting changes to the platform. Reddit administrators sent messages to protesting moderators threatening to kick them out of their roles if they don't get in line and end their virtual blackout, The Verge reported. Rathschmidt told Insider that mods currently being removed from their posts were being removed for violating the code of conduct, not for protesting. As if the mod code of conduct is some kind of moral or legally binding document.

Persons: Reddit, Tim Rathschmidt, That's, Redditors, Rathschmidt, Reddit's, Casey Newton, Newton

Then, a deep dive into MrBeast and what his YouTube empire says about the future of the internet. Reddit came along and said, oh, we need to protect Reddit from the rise of these large language models. So I don’t think they’re totally out of the woods. But I don’t think people would say it was a golden age for how safe the platforms fell to use. But I want to challenge you on this, because I don’t necessarily think that it’s a bad thing if we have past peak trust and safety.

Persons: kevin roose, you’ve, casey newton, casey newton Yes, I’ve, there’s, kevin roose I’m, Kevin Roose, ” casey newton, Casey Newton, Casey, Reddit, casey newton Right, roose, Steve Huffman, you’re, Kevin, It’s, They’re, casey newton Well, they’ve, we’re, Huffman, “, Redditors, We’ve, Everyone’s, we’ve, I’m, let’s, Sam Walton, Max, kevin roose Hey, kevin roose Oh, kevin roose Max Read, MrBeast, it’s, Jimmy Donaldson, He’s, Willy Wonka, he’s, somethings, haven’t, kevin roose We’ll, We’ll, kevin roose She’s, she’s, kevin roose MrBeast, Jeremiah, jeremiah howard, Jeremiah Howard who’s, Jimmy, Burger, You’re, Stefan Molyneux, PewDiePie, Paul, Let’s, Raman, kevin roose It’s, MrBeast financials, doesn’t, Logan Paul, they’re, Vincent Miller, Jon Hamm’s, Matthew Weiner’s, kevin roose Max, Will, Max Read, ” kevin roose, casey newton Max, Robert F Kennedy, COVID, Kennedy, Instagram, Connor Roy, Marjorie Taylor Greene, Robert F Kennedy Jr, Elon, Donald Trump, We’re, Jim Jordan, kevin roose Totally, Alex Jones, casey newton Totally, Kate Kalanick, Trump, Tucker Carlson, aren’t, — casey newton, hasn’t, Rachel Cohn, Jen Poyante, Caitlin Love, Alyssa Moxley, Dan Powell, Elisheba Ittoop, Marion Lozano, Sofia Lanman, Rowan Niemisto, Paula Szuchman, Tam, Nell Gallogly, Kate LoPresi, Jeffrey Miranda Organizations: The New York Times, Twitter, YouTube, Lamborghini, Netflix, Walmart, News, Producers, Meta, Instagram, COVID, Democratic, Washington Post, Apple, Republicans, Facebook, 4chan, Republican Party, Trump, Fox News, Stanford, Davis Locations: Hawaii, Reddit, Greenville , North Carolina, hysterics, New Jersey, New York, Greenville, North Carolina, Central, United States, Bay, San Francisco, Stanford

☆ Reddit API charges spark community outrage, dayslong blackout
▼ + stars: | 2023-06-12 | by ( Rohan Goswami | In Rohangoswamicnbc | ) www.cnbc.com time to read: +2 min

Steve Huffman, CEO of Reddit, delivers remarks on 'Redesigning Reddit' during the Web Summit in Lisbon, Portugal, Nov. 8, 2017. More than 6,000 Reddit communities have gone dark and are restricting access to protest the changes to the company's developer billing structure, beginning Monday morning. The blackout comes after Reddit told developers that it would begin to charge thousands of dollars for access to an application programming interface, or API. Among the concerns for the blackout organizers is allowing third-party apps to run advertising for the third-party developer's benefit. Developers use APIs to communicate directly with a website's software or infrastructure, and they allow Reddit's third-party developer ecosystem to build applications and services for users.

Persons: Steve Huffman, Reddit, Condé Nast, Elon Musk, Christian Selig Organizations: Advance Publications, Charter Communications, Warner Bros ., Twitter Locations: Lisbon, Portugal

☆ Reddit users are boycotting the site for 48 hours, and Discord is perfectly positioned to pick up the slack
▼ + stars: | 2023-06-12 | by ( Huileng Tan | ) www.businessinsider.com time to read: +2 min

Discord — a popular group chat app — is poised to pick up some slack from Reddit during this time. Originally developed for gamers, Discord has attracted a wide range of users including K-pop stans. It's unclear how many users joined since Reddit's blackout, but Discord had already been competing against Reddit even before the current blackout. It now attracts a wide range of forum users: including those interested in writing and K-pop. 7,266 subreddits are taking part in the blackout at the time of publication, according to a Reddit post.

Persons: Toptomcat Organizations: Morning, Reddit

☆ Explainer: Reddit protest: Why are thousands of subreddits going dark?
▼ + stars: | 2023-06-12 | by ( ) www.reuters.com time to read: +4 min

Subreddits such as r/Music, r/gaming, r/science and r/todayilearned - all with more than 30 million subscribers - are participating. Unlike most other social media platforms, Reddit is heavily dependent on community moderators, "or mods", who police their subreddits for free to weed out offensive or illegal content. What are third-party app developers saying? Elon Musk's Twitter in January restricted all third-party clients and apps and updated their rules for developers accessing its APIs. Reporting by Tiyashi Datta, Akash Sriram and Jaspreet Singh in Bengaluru; Editing by Devika SyamnathOur Standards: The Thomson Reuters Trust Principles.

Persons: Reddit, Steve Huffman, Christian Selig, Huffman, Elon, Tiyashi Datta, Akash Sriram, Jaspreet Singh, Devika Organizations: Apple Inc, Microsoft, New York Times, Elon Musk's Twitter, Twitter, Thomson Locations: Bengaluru

☆ Elon Musk is nicknamed 'Karen Musk' in a Reddit thread that slams him for calling remote working immoral
▼ + stars: | 2023-05-22 | by ( Sawdah Bhaimiya | ) www.businessinsider.com time to read: +2 min

Elon Musk is being criticized for calling remote work immoral. Redditors nicknamed the billionaire "Karen Musk" and say his comments are out-of-touch. Musk previously asked both Tesla and Twitter employees to return to the office. Elon Musk is getting flack for his latest comments disparaging people for working from home with one Reddit thread dubbing him "Karen Musk," as an insult. The Reddit Thread, which links to a video accusing Musk of being out of touch with the average Joe, is titled "Karen Musk: Working from home is IMMORAL!"

☆ 10 Things in Tech: Amazon Web Services salaries, Elon Musk returns to Tesla, and a ‘secret’ ChatGPT prompt library
▼ + stars: | 2023-05-16 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

I'm Diamond Naga Siu, and I don't dream of labor (I do occasionally have dreams about writing the newsletter). And hiring managers told my colleague Aki Ito that it's currently incredibly difficult to find and hire enough qualified people. The country that wins the competition over the batteries of the future will not only control the electric vehicle market. Lopez gives us a front-seat look at the landscape of the critical EV battery market. A leaked email revealed that Musk now wants to approve all new hires — including contractors — at Tesla.

☆ Redditors who say they make over $100,000 without being 'killed' by stress are discussing the type of jobs they have
▼ + stars: | 2023-05-12 | by ( Grace Kay | ) www.businessinsider.com time to read: +5 min

Some Redditors said they're paid over $100,000 and work less than 40 hours a week. A Redditor asked for advice on how to make over $100,000 without being "killed" by stress on Thursday and the post quickly went viral. The Reddit poster said they currently work as a learning and development specialist at a nonprofit company. Several Redditors said they've taken on roles that pay over $100,000 a year and require them to work less than 40 hours a week. "I love project management," one Redditor wrote.

☆ Jeff Bezos, accidental style icon, was spotted at Coachella in a butterfly-print button-down shirt
▼ + stars: | 2023-04-25 | by ( Cheryl Teh | ) www.businessinsider.com time to read: +3 min

Amazon founder Jeff Bezos showed up at Coachella in a butterfly-print button-down shirt. "Looks like a low budget Fast and Furious scene," wrote Redditor RuckOver3 in a post that was upvoted more than 34,000 times as of press time. Bezos was spotted at the festival with his partner Lauren Sanchez, Kardashian matriarch Kris Jenner, and Jenner's partner, Corey Gamble, per TMZ. wrote Redditor BarfJello, in a comment that had been upvoted more than 13,000 times as of press time. "Looks like the average Coachella attendee," wrote Reddit user electricman420.

☆ Elon Musk threatens to sue Microsoft over using Twitter data for its A.I.
▼ + stars: | 2023-04-19 | by ( Kif Leswing | ) www.cnbc.com time to read: +2 min

Twitter CEO Elon Musk threatened to sue Microsoft on Wednesday, accusing the software giant of illegally using the social media company's data to train its artificial intelligence model. "They trained illegally using Twitter data," Musk tweeted. Microsoft develops its own so-called large language models (LLMs) and sells access to OpenAI's models. Training data from social networks is valuable because it captures informal, back-and-forth conversations. As these new AI models move from research labs and universities into the corporate world, the owners of the data are starting to make demands.

☆ I can't stop watching these hilariously bad AI-generated videos of celebrities like Will Smith and Scarlett Johansson
▼ + stars: | 2023-03-29 | by ( Aaron Mok | ) www.businessinsider.com time to read: +3 min

The internet is freaking out over clips generated by AI text-to-video generator ModelScope. The AI-generated videos come after a recent AI-generated picture of the Pope when viral. The videos were made using ModelScope Text to Video Synthesis, a free AI video generator that AI firm Hugging Face released to the public last week. That may be because the Modelscope tool is trained on images scraped from stock photo sites, according to Vice. AI image generators have also been found to produce images that reflect racial and gender stereotypes, and can spread misinformation.

☆ The bright orange Aperol spritz cocktail mystified some Redditors after appearing on 'The White Lotus.' Now the maker of Aperol says the show has boosted US sales.
▼ + stars: | 2023-02-23 | by ( Mary Hanbury | ) www.businessinsider.com time to read: +3 min

The Italian cocktail, Aperol Spritz, appeared multiple times on HBO's "White Lotus" series. According to Campari, the maker of Aperol, the apéritif is gaining market share in the US, in part because of its repeated appearances in "The White Lotus." Aperol Spritz has often been seen as a divisive drink. Aperol sales, which account for 22% of Campari's total portfolio, grew by nearly 50% in the US in 2022. Campari isn't the only business to see a boost from what has been dubbed as "The White Lotus" effect.

☆ Event crashers beware: New York Fashion Week security is on high alert to prevent anyone sneaking in
▼ + stars: | 2023-02-11 | by ( Jordan Hart | ) www.businessinsider.com time to read: +3 min

Sources in the fashion industry told Page Six that New York Fashion Week crashers are going to great lengths to get on the guest list. With a spike in clever content about sneaking into such events, which started this week, spreading online, event coordinators are being extra cautious, Page Six reported this week. According to the Page Six report, there are reports of a "crashersnetwork" group in which people share invites to exclusive events. A September report from The Cut magazine alleged that TikTok has created a boom in people attempting to sneak into exclusive fashion events like the annual Met Gala and fashion week after parties. You can peer in but not be a part of this weird exclusive world,'" Lip said in the video.

☆ Leaked Amazon memo shows it only wants to hire students and new grads for entry-level software roles
▼ + stars: | 2023-02-03 | by ( Diamond Naga Siu | ) www.businessinsider.com time to read: +5 min

But middle managers could be the latest layoff target in tech, especially after Mark Zuckerberg's latest reported comments. Leaked Amazon memo reveals new hiring strategy. The e-commerce giant is only hiring students and new grads for entry-level software positions, per an internal note reviewed by Insider. More on Amazon's latest hiring strategy here. The latest people moves in tech:An Amazon Web Services exec who was accused of gender discrimination is leaving, according to leaked docs.

☆ Ketamine is being sold as a depression wonder drug. For some, it's making everything worse.
▼ + stars: | 2023-01-25 | by ( Anna Silman | ) www.businessinsider.com time to read: +42 min

The infusions at the ketamine clinic in his West Texas hometown were a Christmas gift from his grandmother. About five years ago, more and more of my friends started using ketamine recreationally. IV ketamine treatment centers charging $400 to $2,000 an infusion popped up all over the country. "Ketamine used as directed in an appropriate clinical setting very rarely leads to any dependence," Mindbloom says on its website. Like Nadia, most of the people I interviewed said when they started using ketamine, they didn't think it was possible to become dependent on it.

☆ Reddit just hired its first-ever CRO. He tells Insider how Reddit's ad sales team quintupled since 2020, and why a bad economy won't keep it from hiring more this year.
▼ + stars: | 2023-01-23 | by ( Ryan Joe | ) www.businessinsider.com time to read: +3 min

Media companies are cutting staff, but Reddit is still hiring in ad sales. Since massively re-organizing its ads sales team over two years ago and hiring Pinterest exec Harold Klaje to be VP of ads, the size of that team has quintupled, he said. Because of the growth of the ad sales team, Klaje has been promoted to be Reddit's first-ever CRO. Redditors are notoriously protective of their privacy, so Reddit never let advertisers target individual users. He added that Reddit is still hiring and its sales team will expand in 2023, though he declined to say by how much.

☆ Inside Ken Griffin's rise to one of Wall Street's most powerful people, and why politics could be next
▼ + stars: | 2023-01-23 | by ( Dakin Campbell | ) www.businessinsider.com time to read: +30 min

JB and I are not on speaking terms these days," said Ken Griffin, the billionaire hedge-fund manager, referring to JB Pritzker, the Democratic governor of Illinois. As Florida rolled back pandemic restrictions more quickly than Chicago, even more Citadel employees migrated south. Ken Griffin's hedge fund has had a run of eye-popping returns since 2020. Others worry that it gives Griffin's hedge fund an unfair advantage. Hundreds of Citadel employees, partners, and families gathered at the Orange County Convention Center in Orlando Florida.

☆ Bill Gates is optimistic about the future of fake meat and plant-based foods
▼ + stars: | 2023-01-15 | by ( Jordan Hart | ) www.businessinsider.com time to read: +2 min

Bill Gates was asked his opinion on the climate and plant-based diets during his annual Reddit AMA. Gates said he backed several fake meat companies, despite predicting many people won't opt to be vegan. "I think eventually these products will be very good even though their share is small today," Gates said. Gates said he has backed meat alternative brands Beyond Meat, Impossible Foods, and Upside Foods (formerly known as Memphis Meats). "The key on climate is making the clean products as cheap as the dirty products in every area of emission — planes, concrete, meat etc," Gates said.

☆ From 'antiwork' to 'act your wage' — more disgruntled workers flocked to Reddit in 2022
▼ + stars: | 2022-12-01 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +8 min

The top trending keywords among work-related subreddits in 2022 include, "anitwork," "act your wage" and "quiet quitting," said Reddit. The top trending keywords among work-related subreddits or communities in 2022 include "antiwork," "act your wage" and "quiet quitting," Reddit told CNBC Make It. "Act your wage" — like quiet quitting, it's a call for workers not to go above and beyond for their jobs — saw a 95% year-on-year increase in the same period. Natalie Baumgartner Workplace psychologist"Redditors" submit posts about work attitudes and experiences on work-related communities, asking for or giving general life and career advice. Natalie Baumgartner Workplace psychologistBaumgartner agreed, saying that workers engaging in conversations on Reddit need to be aware that they're "not necessarily going to receive best practices."

Once you find a Reddit user's profile page, you'll be able to see their full comment history, as well as send them a direct message. Reddit users, also known as "Redditors," tend to be devoted users of the website. Because unlike some sites, Reddit doesn't have any sort of directory where you can find a specific user you're looking for. Here are two ways to find a user on Reddit, using an internet browser on your Mac or PC, and the mobile app for iPhone and Android devices. You're going to want to look for the one that starts with "u/" followed by the username you're looking for.

Search resuls for: "Redditors"

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